Southeast Europe and Central Asia Catastrophe Risk Insurance Facility

To assist Kazakhstan with developing a modern catastrophe insurance market infrastructure that will support the launch of affordable, innovative catastrophe insurance products covering the risks of extreme weather variability.

Financial mechanism

GEF

Date of approval

2016

Status

Completed

URL

https://www.thegef.org/projects-operations/projects/6915

Countries

Kazakhstan

Managing organisations

Europa RE

Implementing organisations

World Bank

Project ID

6915

GEF project type

Full size

GEF project phase

GEF - 6

GEF Cofinancing

$15.000.000

GEF project grant

$5.000.000

Executing Agencies

Europa Re